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Across the country as a whole, Logy Bay-Middle Cove-Outer Cove is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $499,900 price tag on the median Logy Bay-Middle Cove-Outer Cove home means that it is quite highly priced by Canadian standards.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

There are 197 neighbourhoods that have more properties on sale than Logy Bay-Middle Cove-Outer Cove at the moment in Newfoundland and Labrador which puts the neighbourhood middle range when looking at the number of properties to choose from.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Logy Bay-Middle Cove-Outer Cove needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Research property data for another neighbourhood

Beds

Median price (House)

Median price (Apartment)

4 bedrooms

$724,900

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Demographics

Population in 20112098

Population in 20061978

2006 to 2011 population change (%)6.1

Total private dwellings744

Private dwellings occupied by usual residents725

Population density per square kilometre123.6

Land area (square km)16.98

Age Characteristics

Total population by age groups

2100

0 to 4 years

100

5 to 9 years

115

10 to 14 years

155

15 to 19 years

130

15 years

25

16 years

25

17 years

30

18 years

30

19 years

25

20 to 24 years

115

25 to 29 years

85

30 to 34 years

105

35 to 39 years

120

40 to 44 years

200

45 to 49 years

205

50 to 54 years

190

55 to 59 years

155

60 to 64 years

155

65 to 69 years

105

70 to 74 years

70

75 to 79 years

40

80 to 84 years

30

85 years and over

20

Median age of the population

43.1

% of the population aged 15 and over

82.4

Marital Status

Total population 15 years and over by marital status

1730

Married or living with a common-law partner

1160

Married (and not separated)

1050

Living common-law

110

Not married and not living with a common-law partner

570

Single (never legally married)

435

Separated

15

Divorced

35

Widowed

85

Family Characteristics

Total number of census families in private households

635

Size of census family: 2 persons

265

Size of census family: 3 persons

160

Size of census family: 4 persons

150

Size of census family: 5 or more persons

65

Total number of census families in private households

635

Total couple families by family structure and number of children

570

Married couples

520

Without children at home

200

With children at home

315

1 child

115

2 children

140

3 or more children

55

Common-law couples

55

Without children at home

25

With children at home

30

1 child

15

2 children

10

3 or more children

5

Total lone-parent families by sex of parent and number of children

65

Female parent

50

1 child

30

2 children

20

3 or more children

0

Male parent

15

1 child

10

2 children

5

3 or more children

0

Total children in census families in private households

720

Under six years of age

120

6 to 14 years

245

15 to 17 years

75

18 to 24 years

160

25 years and over

120

Average number of children at home per census family

1.1

Household And Dwelling Characteristics

Total number of persons in private households

2100

Number of persons not in census families

170

Living with relatives

55

Living with non-relatives only

20

Living alone

90

Number of census family persons

1935

Average number of persons per census family

3

Total number of persons 65 years and over in private households

260

Number of persons not in census families aged 65 years and over

65

Living with relatives

25

Living with non-relatives only

5

Living alone

40

Number of census family persons aged 65 years and over

195

Total number of private households by household type

725

Census-family households

620

One-family-only households

565

Couple-family households

520

Without children

205

With children

320

Lone-parent-family households

40

Other family households

55

One-family households with persons not in a census family

40

Couple-family households

30

Without children

10

With children

20

Lone-parent-family households

10

Two-or-more-family households

15

Non-census-family households

105

One-person households

90

Two-or-more-person households

15

Total number of occupied private dwellings by structural type of dwelling

725

Single-detached house

715

Apartment, building that has five or more storeys

0

Movable dwelling

0

Other dwelling

10

Semi-detached house

10

Row house

0

Apartment, duplex

0

Apartment, building that has fewer than five storeys

0

Other single-attached house

0

Total number of private households by household size

725

1 person

90

2 persons

240

3 persons

150

4 persons

165

5 persons

65

6 or more persons

15

Number of persons in private households

2100

Average number of persons in private households

2.9

Census 2011

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